The No Child Left Behind Act of 2001 Was a Federal

question 213

Short Answer

The No Child Left Behind Act of 2001 was a federal mandate which is estimated to cost the states and local governments in excess of _________ a year.

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Definitions:

Cash Interest

Interest payments made in cash to creditors or bondholders during a specific period.

Trading Securities

Shares or bonds that a company holds with the intention of selling them within a short period for a profit.

Unrealized Gain

A profit that exists on paper resulting from an investment that has not yet been sold for cash.

Net Income

This is the total profit of a company after all expenses, taxes, and dividends have been subtracted from total revenue.